Qatar Development Bank (QDB), previously known as Qatar Industrial Development Bank, is a bank in Qatar offering

financial services Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, acco ...

, banking and loans to the development of the

industrial Industrial may refer to: Industry * Industrial archaeology, the study of the history of the industry * Industrial engineering, engineering dealing with the optimization of complex industrial processes or systems * Industrial city, a city dominate ...

, tourism, educational,

health care Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health profe ...

agricultural Agriculture or farming is the practice of cultivating Plant, plants and livestock. Agriculture was the key development in the rise of Sedentism, sedentary human civilization, whereby farming of Domestication, domesticated species created food ...

, animal resources and

fisheries Fishery can mean either the enterprise of raising or harvesting fish and other aquatic life; or more commonly, the site where such enterprise takes place ( a.k.a. fishing ground). Commercial fisheries include wild fisheries and fish farms, both ...

sectors of the Qatari economy. It was created in 1997 by Emiri Decree No. 14 with the objective of diversifying Qatar's economy by promoting developmental projects.

Qatar Business Incubation Center

The Qatar Business Incubation Center (QBIC) was established in a joint venture by QDB and the Social Development Center in 2010, and officially started operating in March 2014. As the most extensive mixed-use incubator facility in the Middle East, its aim is to promote companies and finance business ideas. All the center's facilities are split up into stages and spread across 20,000 sq meters. The center has signed many agreements with global companies to promote investments and swap knowledge; for example, in 2015, the center signed a memorandum of understanding (MOU) with Microsoft Qatar in order to encourage entrepreneurial ventures in Qatar's technology industry.

References

External links

Official website
Banks of Qatar Banks established in 1997 Companies based in Doha Qatari companies established in 1997 {{Qatar-stub